Increase of the minimum capital of insurance companies in Rwanda

The Rwandan Central Bank has raised the minimum capital of insurance companies. General insurance companies will henceforth have a minimum capital of 3 billion RWF (3.3 million USD). They have a three-year deadline to comply with this decision.

Meanwhile, life companies are called upon to increase their minimun capital to 2 billion RWF (2.2 million USD). They have a period of two years to meet this requirement.

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